The industrial packaging market, a bustling realm encompassing everything from sturdy drums to complex flexible pouches, thrives on the needs of diverse industries. this market is a fierce battleground for manufacturers vying for market share.
Strategies Fueling the Fight:
Factors Forging Market Share:
Key Players
Recent Developments:
September 2020: Mauser Packaging Solutions has expanded its presence in Italy by acquiring EuroVeneta Fusti through a joint venture with NCG-Maider. This acquisition will allow the company to offer a wider range of products and services, including plastic industrial packaging, steel drum packaging, and reconditioning IBC services, in the Italian market.
July 2020: Mauser Packaging Solutions has introduced a new 1-piece consumer pack, which is suitable for a variety of industries such as home care, candy and confection, pool care, and food products. The pack features an attached, tamper-evident, hinged lid that provides end-users with easy access to the contents of the tub. After use, the package is fully recyclable or can be reused by the consumer. This innovation is designed to provide convenience to the users and reduce waste.
October 2019:Mondi completed the acquisition of Walki Group's Extrusion Coating business, expanding its product offering in flexible packaging. The company also launched several new sustainable packaging solutions, including a fully recyclable stand-up pouch for pet food and a paper-based alternative to plastic shrink wrap.
New modern machinery for manufacturing plastic drums has been brought into Singapore by Mauser Packaging Solutions, as can be seen from their recent investment in expanding its product range there during April 2023 a move that also boosts access to Infinity Series across the region that is part of its wider line of items.
Industrial packaging Market Highlights:
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